{"id":10853,"date":"2025-06-24T13:46:12","date_gmt":"2025-06-24T13:46:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/10853\/"},"modified":"2025-06-24T13:46:12","modified_gmt":"2025-06-24T13:46:12","slug":"nautilus-relocates-headquarters-to-chicago-amid-major","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/10853\/","title":{"rendered":"Nautilus Relocates Headquarters to Chicago Amid Major"},"content":{"rendered":"

CHICAGO, IL, June 24, 2025 (GLOBE NEWSWIRE) — \u202fNautilus Solar Energy\u00ae LLC<\/b><\/a>, one of the largest community solar businesses in the U.S. and a contributor to America\u2019s energy independence transition, today announced the relocation of its corporate headquarters to Chicago, Illinois. The move reflects Nautilus\u2019s commitment to expanding access to the benefits of clean energy while positioning the company closer to several priority growth regions.\u00a0\u00a0<\/p>\n

Illinois is poised to become Nautilus\u2019s fastest growing market. This summer, the company plans to add 29 MW of solar energy to the local grid \u201310 MW of which is dedicated to lowering energy bills for low-income households. Over the next year alone, Nautilus expects to add over 100 MW of additional capacity to Illinois. Development on additional projects is continuing into 2027 and beyond.\u00a0These investments will lower energy costs for thousands of local subscribers while supporting Illinois\u2019 ambitious energy goals, stimulating local economies and strengthening overall grid resilience.\u00a0<\/p>\n

\u201cCommunity solar continues to play a critical role in meeting the country\u2019s growing energy needs, and Illinois, along with several of its neighboring states, is at the center of that momentum,\u201d said Jeffrey Cheng, Chief Executive Officer of Nautilus. \u201cRelocating our headquarters to Chicago reinforces our commitment to supporting regional growth while still allowing us to service our core legacy markets. I\u2019m excited about Nautilus\u2019s continued expansion, where our team is creating real economic impact for the communities and subscribers we serve.\u201d\u00a0\u00a0<\/p>\n

While Nautilus remains a remote-first company, its Chicago headquarters will serve as a regional hub for project development, finance and subscriber management.\u00a0\u00a0<\/p>\n

\u201cOpening our new headquarters in Chicago is an exciting step that reflects both the momentum of our business and the opportunity we see in the region,\u201d said Camelia Miu, Chief Financial Officer of Nautilus. \u201cCommunity solar provides communities with energy choice while ensuring that its economic benefits are accessible to the widest range of residents and hence, is locally impactful.\u201d \u00a0<\/p>\n

“We\u2019re proud to help families lower their energy costs while also contributing to a stronger, more resilient energy grid. Opening an office in Chicago highlights Nautilus\u2019s investment in its communities,\u201d added Courtney Matsuishi, Chief Legal & Administrative Officer of Nautilus.\u00a0<\/p>\n

Nautilus currently owns and operates nearly 500 MW of operational capacity across 146 projects in 12 states, serving more than 45,000 community solar subscribers \u2013 many of whom are low- to moderate-income households. As a full-service business, the company oversees development, financing and long-term operations in-house, enabling greater oversight and community impact at every stage of the project lifecycle. Nautilus\u2019s new address is 200 North LaSalle St, Suite 2630, Chicago, IL 60601.\u00a0\u00a0<\/p>\n

About Nautilus\u00a0<\/b>\u00a0<\/p>\n

Founded in 2006, Nautilus has become one of the largest community solar businesses in the U.S. and a contributor to America\u2019s clean energy transition. Delivering affordable, clean energy solutions to residential and commercial customers, Nautilus currently\u202foperates\u202fand manages\u202f146 community solar farms across 12 states and serves over 45,000 subscribers. It takes a unique, full-service approach to its community solar business\u2014handling project financing, development, construction,\u202fmaintenance\u202fand customer management for the entire lifespan of every project. Nautilus is backed by Power Sustainable, a multi-platform alternative asset manager and\u202fis a wholly-owned\u202fsubsidiary of Power Corporation of Canada. For more information, visit\u202fnautilussolar.com<\/b><\/a>. Join Nautilus on\u202fLinkedIn<\/b><\/a>,\u202fFacebook<\/b><\/a>,\u202fInstagram<\/b><\/a>\u202fand\u202fTwitter<\/b><\/a>.\u202f\u202f\u00a0<\/p>\n

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